'Painful' years ahead, think tanks warn, as living standards set to fall
People are facing a "painful" and "depressing" few years ahead, economic think tanks have warned, after forecasts showed growth in living standards grinding almost to a halt.
Economy
FCA stops HTX's crypto promotions
The FCA has secured High Court undertakings to ensure that HTX (formerly Huobi), a global crypto exchange, will not knowingly promote cryptoasset services unlawfully to UK consumers.
The Federal Reserve holds rates and two officials vote for a hike: Why the US Dollar stayed flat anyway
The US Dollar (USD) remains in a consolidation phase after the Federal Reserve’s decision to keep interest rates on hold, with market attention shifting directly toward key economic data releases. Despite two dissenting…
I earn £30,000. I'm angry there was no fuel duty cut in the Budget
People on a range of incomes from £4,062 to £150,000 a year tell the BBC what they made of this year's Budget.
Poundland on brink of administration, with 12,000 jobs at risk
The owner of Poundland has said it is preparing to appoint administrators, putting up to 12,000 jobs at risk at the retail chain across the UK and Ireland.
Canadian Dollar: Limited upside against US Dollar despite BoC hike - ING
Francesco Pesole at ING highlights that the Bank of Canada’s (BoC) 25bp hike to 2.50% is unlikely to be the last, with another move expected in early 2027 and risks of an earlier increase if energy prices stay high.
Gold weakens ahead of US PCE inflation amid hawkish Fed outlook
Gold (XAU/USD) trades on the back foot on Thursday as the Federal Reserve’s (Fed) latest monetary policy announcement leaves a December hike firmly in play after the US central bank keeps interest rates steady at its Oc…
Poundland's future hangs in the balance as chain edges towards collapse
The future of Poundland hangs in the balance as the discount chain edges towards collapse, the BBC understands.
Treasury will not commit to reducing welfare bill before next election
The Treasury is disputing that Chancellor John Healey suggested to the BBC that the benefits bill will be cut before the next general election.
FCA encourages former Verus Financial Services Limited customers to check if they can claim with FSCS
Compensation may be available to former Verus customers through the Financial Services Compensation Scheme (FSCS), subject to assessment.
USD/CHF Price Forecast: US Dollar maintains its constructive bias while above 0.8270
The US Dollar (USD) nurses minor gains against the Swiss Franc (CHF) on Thursday, with markets calm in the aftermath of the US Federal Reserve (Fed) meeting.
Bank of England sets out approach to tokenised collateral in central clearing
The Bank of England has today launched a consultation supporting central counterparties (CCPs) acceptance of tokenised forms of eligible collateral.
What does 'fair value' look like in practice? Three years into the Consumer Duty, here’s what we’ve learned.
Fair value is a simple yet important principle at the heart of the Consumer Duty: the price customers pay should be reasonable, relative to the benefits they get. But applying that principle in practice requires judgeme…
BoJ Preview: Hawkish Hold
In the euro area, we expect the ECB to keep policy rates unchanged, with the deposit rate at 2.50%, in line with consensus and market pricing. We expect Lagarde to retain full optionality on the future rate path and off…
The Bond Market May Be Ready to Take Matters Into Its Own Hands
A core bond allocation traditionally has been a key element of a diversified portfolio. High-quality bonds generate regular income and, importantly, can be a stabilizing force when riskier assets come under pressure (Fi…
ECB President Lagarde to step down on 7 February 2027
European Central Bank President Christine Lagarde today informed the Governing Council and the President of the European Council António Costa that she will step down from her position on 7 February 2027.
U.S. stock futures drop as Alphabet slides on soft earnings, Microsoft firms
Subscribers to Schaeffer's Weekend Trader options recommendation service received this GOOG commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.…
ECB Press Conference: Lagarde speaks on policy outlook after leaving key rates unchanged
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the October policy meeting and responds to questions from the press.
Rates Spark: Leaning Hawkish, but No Action
On the Fed, it's tough to view the current set-up of still elevated printed inflation and a Fed on hold as all that protective. We glean from this enough to validate the move back above 5% on the 10yr. On the ECB, forwa…
‘I earn £126,000 – but nothing’s left at the end of the month’: readers react to the budget
Louie, 24, a chef living in London, says a lot of people have “written off the idea of even considering getting a property” in their 20s.
Form 4 SEI Investments Company For: 29 October
SEI (NASDAQ: SEIC) launched the SEI Charitable Fund, a donor-advised fund powered by TIFIN Give and sponsored by GiveClear Foundation.
Will the budget deliver ‘growth in every postcode’?
In just two years, there could be dozens of mayors preparing to spend billions of pounds as part of Andy Burnham’s mission to devolve greater powers across England.
Chancellor says government has 'moral duty' to help young people out of work
Chancellor John Healey has pledged a reduction in the welfare bill ahead of the next general election, in an interview with BBC Radio 4's Today programme.
Asia stocks fall as Alphabet, Samsung results disappoint; more tech earnings loom
August 6, 2026, 3:59 AM EDT. The Chinese Academy of Sciences achieved a 3.42% conversion efficiency in laser-produced plasma (LPP) EUV lithography, closing in on ASML’s 5.5% commercial benchmark. Although current power …